Madison Mutual Insurance Company

$738,600 PPP Loan in Edwardsville, Illinois

Loan Details

Loan Number
6891677007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$738,600
Current Approval
$738,600
Forgiveness Amount
$742,703
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Madison Mutual Insurance Company
Address
222 East Park Street Suite 200
ZIP Code
62025-1711
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$25.7M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$553,950
Rent
$184,650

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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